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Non-Tech : Global Games Corporation is on the move (GLOW) -- Ignore unavailable to you. Want to Upgrade?


To: Jeremy who wrote (341)3/17/1998 11:11:00 PM
From: M, Anderson  Respond to of 720
 
Jeremy, I understand your concern, but I feel the whole idea in investing in a bb stock, is to invest "before" they show us THE NUMBERS. If you wait til this happens, it will be too late. I've seen these .10 stocks jump .25 to .75 in one day. I'm not saying this will happen with GLOW, but if by chance, they do show "ANY" profit, the stock will react quite positively. I don't care that they haven't changed thier web page. I know they bought ECS. I don't need thier web page to remind me. All I'm saying is, at these prices, for "me", it's a real bargain.
Don't get me wrong, I want them to show a profit, but I also know that thier are hundreds of companies stocks selling over $3.00 that have yet to show a profit. Potential alone, could drive this stock.
My intention is not to hype GLOW. I just want to let other investors know my opinion. I've done alot of investing based on how many positives and negitives I've read in SI. and I've done quite well. I also want to tell other investors that it is a risk. Don't invest in any stock, unless you can afford to lose it.
I also agree with Cheryl, it won't happen overnight, but if or when it does, I won't be kicking myself for not buying at these prices.



To: Jeremy who wrote (341)3/17/1998 11:58:00 PM
From: Brad  Read Replies (1) | Respond to of 720
 
Hi Jeremy! You sound frustrated. You probably have a right to be. The stock is way down from where you got in. I've been there and I know the feeling.

However, I will offer you these "rays of hope" that your investment might very well payoff nicely... late... but nicely.

RAYS of HOPE that "GLOW!"

1) Regarding the web site being obsolete...
The New Management at GLOW is "negotiating" with the people that control that web site. When that is resolved, the web site will be updated.

2) The Old Management "experienced some problems" in 1997, that's why there is New Management.

3) From my conversations with the company, it sounds like they are VERY pleased with the ECS business (credit card processing,etc), the Internet Gaming (this is ONLY done OUTSIDE the US. They DO NOT do any Internet Gaming IN the US), and the Management Services. These businesses ALL have very high profit margins (some as high as 70%).

4) I don't get the impression they are all that interested in the Dating Company. That topic sure didn't generate any excitement at their end anyway. Personally, I think they could do better staying away from it.

5) When the New Management first took over GLOW, they didn't know if they could "save" it. Now, however, they have become quite upbeat about their progress. To me, that difference is important.

6) This press release was obviously "an invitation" to watch for what they are going to report to us over the coming weeks. I suspect that if ALL they had was "bad news," they wouldn't be drawing our attention to it.

7) The press release also said...
a. "We believe we have been undervalued for quite a period of time."
b. "...become a reporting company during the second quarter."
c. "...plans...will significantly enhance shareholder value."
d. "We...will make additional announcements in the very near future."

To me, those things say, "WE'D LIKE TO HAVE YOUR ATTENTION!!"

8) In an industry with recurring electronic revenues, they don't need very many employees. That's one reason the profit margins can be so high.

You are absolutely right that they need to "SHOW THE NUMBERS!" And when they do, this stock will likely be a LOT higher priced than what it is today. In the mean time, the New Management has to begin building credibility among investors.

A good way to do that is to say they are going to do something and then follow through. I think that is what the press release was about. In essence, they are saying, "We are going to begin providing more information about this company. Please watch!"

At these low prices, I for one, am willing to take a risk (based on my own research) that they just might be right!

Time will tell.

Best wishes,
Brad



To: Jeremy who wrote (341)3/22/1998 8:33:00 PM
From: Leibo  Read Replies (1) | Respond to of 720
 
Jeremy,

I agree with you this company is a farse and full of them selves. I asked them some very specific questions which should be of public info and they refused to answer. They are a scam controlled by some BS entity organization perhaps ther are many BB companies out there just like GLOW. No real SEC fillings and no real press releases. Check out EGNS I mentioned it on this thread before and the stock has jumped 68% in one week. Its a real BB Stock unlike GLOW. GLOW will go higher but the first time it passes .20 I'm out with my profit. Its a game that I take a chance with once in a while. Hopefully some real BS will come into this one over the next year and maybe even make a killing. Good investing and don't believe 90% of what you read on this thread it BS.

Leibo